Best Buy second-quarter online sales growth slows, shares drop
Best Buy Co Inc on Tuesday reported online sales growth that decelerated from the previous quarter, sending its shares down 5 percent in premarket trade.
Best Buy Co Inc on Tuesday reported online sales growth that decelerated from the previous quarter, sending its shares down 5 percent in premarket trade.
Tiffany & Co’s quarterly results topped Wall Street estimates on Tuesday on strong demand for its jewelry in the Americas and China, helping the upscale retailer raise its full-year profit forecast.
Tiffany & Co topped quarterly estimates for profit and revenue and raised its full-year profit forecast on Tuesday as the upscale retailer sold more jewelry in China and the Americas.
Tiffany & Co topped quarterly same-store estimates on Tuesday as the upscale retailer sold more jewelry in the Americas and Asia-Pacific regions.
Nearly three out of four companies doing business in Germany and the United States doubt that a U.S.-European trade truce reached last month will be followed by a lasting agreement on large-scale tariff cuts, a survey showed on Tuesday.
EU antitrust regulators have approved Procter & Gamble’s (P&G) 3.4 billion euro ($3.9 billion) acquisition of Merck KGaA’s consumer health unit, saying on Tuesday that they had no competition concerns.
As a long-term investor, you’re buying a company, not a stock. So make sure you’re paying a fair price and that you trust management. …read more […]
U.S. President Donald Trump accused Alphabet Inc.’s Google of rigging its search results to display only negative stories about him, calling it “a very serious situation” that “will be addressed.” …read more […]
Aspen Insurance Holdings Ltd said on Tuesday certain funds affiliated to alternative investment manager Apollo Global Management LLC will take the insurer private in an all-cash transaction valued at $2.6 billion.
World stocks rose to a six-month high on Tuesday, lifted by investor optimism that a U.S.-Mexico deal to overhaul the North American Free Trade Agreement will go some way to averting a global trade war.
Swiss watch brand IWC, owned by luxury goods group Richemont , inaugurated a new manufacturing site in its hometown of Schaffhausen as it gets ready to meet growing demand for its timepieces.
Asian shares advanced on Tuesday and the U.S. dollar hovered near its lowest in a month, with risk appetite sharpened by the United States and Mexico reaching a deal to overhaul the North American Free Trade Agreement.
Nestle and Starbucks said on Tuesday they had concluded their licensing deal for the Swiss food giant to market the U.S. coffee maker’s packaged coffees and teas around the world.
Roche diagnostics division head Roland Diggelmann is leaving the company on Sept. 30, ending a 10-year stint at the Swiss drugmaker, it said on Tuesday.
Elon Musk’s take-private plans for Tesla Inc have evaporated, but the company’s looming debt needs remain.
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